International Association of Insurance Supervisors (IAIS); Established in 1994, the IAIS represents insurance regulators and supervisors of some 190 jurisdictions in nearly 140 countries. Collectively, in terms of global market share of its members, it constitutes 97% of the world’s insurance premiums. It also has more than 120 observers. For further details see: ISRA, Islamic Financial System; Principles and Operations.

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